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Fixed Assets US GAAP - CAPITALISATION

  • 13-12-2013 12:54PM
    #1
    Registered Users, Registered Users 2 Posts: 464 ✭✭


    I can't remember if support costs can be capitalised in US GAAP for say Computer Hardware. eg I buy a server for 10K and I buy the premium support option for 2K. SUpport included call out for repair/replacement etc. Can I capitalise this fixed support cost in US GAAP?
    Thanks - Its been a while since I looked into FA.


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